Microsoft partners with Telangana government to empower women

Hyderabad (IANS) Microsoft has partnered with the Telangana government's Women Entrepreneurs Hub (WE Hub) aimed at empowering women entrepreneurs and technologists in the region.

This partnership will focus on designing and execution of…

Sensex down 226 pts, Nifty at 11,513

Mumbai (IANS) Sensex and Nifty fell after opening higher on Friday, dragged by auto and PSU Bank stocks.

At 10.21 the benchmark Sensex traded 226.73 points lower at 38,670.73 after opening at 39,058.73. On Thursday it closed at 38,897.46.

ED attaches properties of BIL, others in ponzi case

New Delhi (IANS) The Enforcement Directorate on Thursday said it has attached properties totalling Rs 200 crore of different companies of the Basil International Ltd in several states in its probe into a ponzi scheme case.

In a statement, the…

Yes Bank scrips hit 52-week low after quarterly results

Mumbai (IANS) Private-lender Yes Bank hit its lowest level in 52 weeks after it fell as much as 15 per cent on the BSE on Thursday, following the company's June quarter results.

Investors distanced themselves from Yes Bank counter after…

Ebix acquires Yatra Online for $239m in all-stock deal

New Delhi (IANS) US software firm Ebix said on Wednesday that it has acquired online travel portal Yatra Online Inc via merger in an all stock deal for a net equity value of $239 million.

In connection with the merger, each ordinary share of…

Government to amend IBC, raise resolution time frame limit to 330 days

New Delhi (IANS) The government on Wednesday cleared the introduction of seven amendments to the Insolvency and Bankruptcy Code (IBC) in the Parliament, including raising maximum resolution time frame limit to 330 days from the current 270 days.

Jalan panel suggests fund transfer in tranches over 3-5 years

New Delhi (IANS) The Bimal Jalan panel on Wednesday finalised the report on RBI surplus capital and though not unanimous on the quantum of transfer, it has recommended 3-5 year formula for transfer of surplus in tranches to the government.

Sources…

Sensex opens tad higher as Wipro, Yes Bank, Mindtree results awaited

Mumbai (IANS) The Sensex on Wednesday opened slightly higher above the 39,000 mark as result of several corporate biggies were awaited.

Corporate earnings of companies like Yes Bank, Wipro and Mindtree will be announced later in the result-heavy…

Sensex ends 234 pts higher, Yes Bank gains 12%

Mumbai (IANS) Recovery in auto stocks and earning optimism over select stocks drove the markets higher for the second day in a row.

Sensex extended gains after opening a tad higher and ended Tuesday's session 234.33 points higher at…

Tight liquidity dents June PV retail sales: FADA

New Delhi, July 16 (IANS) Tight liquidity conditions, along with a delay in Monsoon, dented consumer sentiment and dragged passenger vehicle (PV) retail sales lower by 4.6 per cent on a year-on-year basis in June.

According to data furnished…